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PoW is now done more with renewable energy than most of other sectors. Bitcoin is one of the most clean markets out there. In fact, Bitcoin is way better trace
by jiriknesl 5y ago
PoW is now done more with renewable energy than most of other sectors. Bitcoin is one of the most clean markets out there.
In fact, Bitcoin is way better traceable than remittance systems used by terrorists. They smuggle cash, they use hawala, they use trade-based instruments (over and under invoicing), they use bank accounts on anonymous companies in tax havens. All these things are way more difficult to trace than Bitcoin (or 99% of all cryptocurrencies).
- creshal 5y ago> PoW is now done more with renewable energy than most of other sectors. Bitcoin is one of the most clean markets out there. A market for scams and scam accessories. If it stopped existing, we could shut down fossil fuel plants and put all those renewables to better use.
- jiriknesl 5y agoSupply, demand. People don't have better use for electricity than miners. If they did, they would buy it out. So your implication is false. The fact you don't see value in cryptocurrencies doesn't equal for others it's the same.